Member Info for CHRI5P

Another podcast

Another post and even though it was aimed at XTR shareholders to vote through the new deal and not think CB will waste the monies from the sales was again GLR. Yes, Luansobe is almost now a certainty but CB really positive on Shinganda. I believe this will be the one he his looking for that huge sale London AIM's not seen for a while. I am definitely not thinking JV, I am thinking a mega sale.

KAV never was on AIM and I think HZM left AIM to be correct

I agree Cyber and add that over the last 3 years LTH's are well down on other AIM exploration/mining companies such as XTR, KAV, EUZ, BZT, HZM and many, many more. We are worth over 4 times what we were 4 years ago. CB said it London needs a big deal.

Realistic north of 15p - I have been part of 100 times multi baggers.

I think GLR has more going for it than all CB's companies put together.

To think kalahari is one of many finds - what a company

I have a small holding here but I do not want to waste money and time on RNS updates. However a podcast would be sufficient to update soon

Exactly - that's point I was making yesterday about the timing and content of the RNS

SFR have first right of refusal - does this not mean SFR have the right to match a bid on an asset and it can't be refused?

Cobre/BHP might out bid SFR for PL253 and the rest of the licenses go to SFR. We could start the rig drilling but a sale/sales of the license/licenses is definitely on the cards. I'm not sure SFR could afford to buy all of them?

The other thing was CB is very excited on Bulawayo and the amount of gold deposit that could be present. £350 million might not be quite enough!

I have been listening to the podcast again and CB says the pl253 is a stand alone for someone like SFR, Copra (I think) or stand alone and I will take any of them.

CB is lining up a sale of PL253 and I am not sure we sell any other of the licenses until we do a bit more research on them. SFR might have to share some of the licenses?

4 years ago GLR SP were at 0.25p a share and they are now worth 1.125p so the SP is well up and the main reason is we bought the Kalahari licences so cheap 4 years ago. We now have 9 prospect mining areas and cash of over £5 million. XTR due to Bushranger has had a set back. You shouldn't blame CB for the low grades and GLR had the same thing 7 years ago - I think similar grades. This is what happens - KAV investors have had 4 dusters on the row and they are still valued at £8 million.

Ana I agree and I would be very surprised if we start drilling on PL253 ourselves because the cost of drilling and proving up in the Kalahari with all that sand is not cheap. A sale or another JV is on the cards with SFR. I was interested in why the RNS on discovered targets and believe it is a ploy to let the market and SFR know that this license is up for sale but we don't have to sell.

PL 252/2018 Crocus-Serv Resources Pty Ltd

I wonder how PL252 fits in to the equation because SFR do not have this one as a first dibs?

The RNS was just an extension of the number of good RNS we have received in the last 3 years.

We have to ask ourselves why the market is asleep and to do that you need to ask who is the market?

The market is not full of fundamentalist investors who see a bargain and keep accumulating at low prices. They are full of 10% traders or PI's who would rather buy at the top of the spike than have the ability to do their own research. I had a 14 times multi-bagger with EUA and I bought my first lot at 0.23 p on the basis of fundamentals and I sold some at 41p at their peak. GLR is fundamentally an absolute bargain and the best bit we will not need a placement this year and we could have quite a few sales., copper production at Luansombe and JV's. We have retained losses of around £20 million so any sale in the region of £30 million could mean we are paid a £10 million dividend. So the market does not matter for me this year it is all about the end game.

Yes ANA a silly mistake

Tell that to my daughter FS

IKY yes you are quite right not to get carried away and with GLR it is so very easy to do so.

1. It is increasingly possible we get the full pay out from SFR but certainly not guaranteed

2. Kamatavi is a wait and see with the 80% acknowledgement and for me a sale/JV is imminent

3.Shinganda more data to chew on and my opinion a much larger drilling programme and might be the the mother of all deposit finds - Rodney next year we might be millionaires

4. Luansombe - waiting for license, production ready and a sale could well be on the cards but not a JV

5. Ferber - drilling is to be done this year - Garfield licence just found gold and other deposits and they are applying for funding from the USA government - a realistic sale maybe next year

6. Kat****u licenses due and a sale will be done due to how busy we are

7. Bulawayo - more drilling required - a future sale/jv

8.NW Zambia - early days drilling

9. Cash (including cash owed) and liquid assets north of £5,000

10. Finally, the Kalahari own licenses which could sell for a huge amount but not guaranteed

I make that 10 reasons to buy GLR at these low prices - just my opinion.

A new find in Nevada via the Garfield licence - we also have a license in Nevada - we have our fingers everywhere